Triple Point Receives Top Global Energy Business Award; User Choice Award Recognizes Triple Point for Excellence in Technology, Risk Management and Compliance for Second Year in a Row.WESTPORT, Conn. -- Triple Point Technology, Inc. the leading global supplier of cross-industry software platforms for the supply, trading, marketing and movement of commodities, has earned a prestigious Silver Global Energy Business Award 2005 presented by Commodities Now magazine. For the second year running, Triple Point has earned one of the top two spots in the "Excellence in Technology" category for its flagship Commodity XL(TM) suite of solutions. "The Energy Business Awards were designed to reward those companies and individuals who are making a significant impact on the way energy business is conducted, trading risks mitigated mit·i·gate v. mit·i·gat·ed, mit·i·gat·ing, mit·i·gates v.tr. To moderate (a quality or condition) in force or intensity; alleviate. See Synonyms at relieve. v.intr. To become milder. , energy systems developed and energy technology advanced," said Guy Isherwood, editor and publisher, Commodities Now magazine. "We are honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to once again be placed with other world-class companies who are taking the lead in advancing energy business expertise," said Peter F. Armstrong, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Triple Point Technology. "What gratifies me most about winning this particular award is that it is based on client and industry input, and is a vote of confidence for Triple Point and our solutions." Other EBA EBA Eisenbahn-Bundesamt (German) EBA Euro Banking Association EBA Emergency Brake Assistance EBA Enterprise Bargaining Agreement (Australia) EBA Elite Beat Agents (video game) Award winners include BP, BNP Paribas BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. , Barclays Capital Barclays Capital is the investment banking division of Barclays plc. It is a primary dealer in U.S. Treasury securities and various European Government bonds. Barclays Capital is led by CEO Robert (Bob) Diamond, an American who had been vice-chairman of Credit Suisse First , and the European Federation of Energy Traders Traders Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. . The Triple Point Commodity XL platform is comprised of a family of commodity-specific products that can be deployed alone or in seamless combination with each other to manage every aspect of global cross-industry supply, trading, marketing and logistics operations. This interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. empowers clients with a single view of supply and delivery obligations, financial risk and market exposure at any time, either in a single market or across all commodities and markets - and all desktops - around the world. This top Energy Business Award adds to recent independent recognition Triple Point has received for its solutions including "Software House of the Year" and "Top Software Package" by Energy Risk Magazine, and the Connecticut Quality Improvement Award (CQIA CQIA Certified Quality Improvement Associate (ASQ) ) Innovation Prize. Triple Point also was named in 2005 to the Deloitte Fast 50 for a record-breaking eight years in a row. About Commodities Now and the Energy Business Awards The Energy Business Awards were developed by Commodities Now in conjunction with independent energy consultant Jeremy Wilcox. More information is available at www.energy-business.com. About Triple Point Technology, Inc. Triple Point Technology is the leader in trading, risk management, scheduling and logistics solutions for commodities including power, oil, gas, coal, metals, agricultural products and freight. Triple Point Commodity XL(TM) profitably integrates physical and financial markets from front-to-back office for all commodities on a real-time next-generation platform. Triple Point's award-winning solutions are used by more than 25 percent of Global 500 commodity trading companies. Triple Point serves clients from five development and support centers located around the globe. More information is available at www.tpt.com. |
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